Please tell me if a virtual consulting business is a good idea?

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Question by lashga2003: Please tell me if a virtual consulting business is a good idea?
I am thinking of starting a virtual consulting business online and am wondering if that is a good idea ...

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Answer by ibu guru
What is your education, experience & expertise? There are tens of thousands of consultants in various specialties. To compete, you must have an area of specialization that is in demand, and have the credentials and references to back up your claims. Do note that besides a lot of competition, therefore the need for a specialized niche, businesses (like individuals) are cutting back severely on spending. If you are really good at what you do, and there is a market for your particular specialization, you can do very, very well.

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Online Consumer Psychology: Understanding and Influencing Consumer Behavior in the Virtual World (Advertising and Consumer Psychology)

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Online Consumer Psychology: Understanding and Influencing Consumer Behavior in the Virtual World (Advertising and Consumer Psychology)

Online Consumer Psychology addresses many of the issues created by the Internet and goes beyond the topic of advertising and the Web to include topics such as customization, site design, word of mouth processes, and the study of consumer decision making while online. The theories and research methods help provide greater insight into the processes underlying consumer behavior in online environments. Broken into six sections, this book: focuses on community and looks at the Internet's abilit

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